Aflac
1,684 hedge funds and large institutions have $38.5B invested in Aflac in 2025 Q4 according to their latest regulatory filings, with 187 funds opening new positions, 573 increasing their positions, 587 reducing their positions, and 95 closing their positions.
97% more first-time investments, than exits
New positions opened: 187 | Existing positions closed: 95
89% more call options, than puts
Call options by funds: $321M | Put options by funds: $170M
4% more funds holding
Funds holding: 1,625 → 1,684 (+59)
1.48% more ownership
Funds ownership: 65.29% → 66.77% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 20 → 20 (0)
1% less capital invested
Capital invested by funds: $38.9B → $38.5B (-$365M)
2% less repeat investments, than reductions
Existing positions increased: 573 | Existing positions reduced: 587
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$745M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$97.5M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$63M |
| 4 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$59.8M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$53.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$200M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$89.1M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$87.3M |
| 4 |
National Pension Service
Jeonju-Si, Jeollabuk-Do,
South Korea
|
-$76M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$73.7M |
AFL Hedge Fund Activity: Q4 2025 in Review
1,684 of the 8,284 institutional investors tracked by Wall St. Rank reported a position in Aflac (AFL) for Q4 2025, worth a combined $38.5B — down 0.94% from $38.9B a quarter earlier.
Buyers outnumbered sellers: 187 funds opened new AFL positions and 95 closed out — a net gain of 92 holders — while 573 added to existing stakes and 587 trimmed.
The largest buyer was Vanguard Group, adding an estimated $745M. The largest seller was BlackRock, cutting an estimated $200M.
- 1,684 institutional investors held Aflac (AFL) as of Q4 2025, up from 1,625 in Q3 2025.
- Funds reported $38.5B of Aflac stock for Q4 2025, down 0.94% quarter-over-quarter.
- 187 funds opened new Aflac positions in Q4 2025 and 95 closed out, a net change of +92 holders.
- The largest Aflac buyer in Q4 2025 was Vanguard Group, an estimated $745M added.
- The largest Aflac seller in Q4 2025 was BlackRock, an estimated $200M sold.
Based on aggregated 13F filings for Q4 2025.